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November 16, 2016 12:00 am GMT
For most of the past five years, investors in software companies prized revenue growth above all else. Investors were more than willing to overlook near-term profitability (or lack thereof) in favor of an acute focus on growth. As a result, entrepreneurs were encouraged to invest in building massive sales teams as quickly as possible to accelerate revenue growth, regardless of the cost. Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/xdf6H0o57Mk/
Context is key for valuations
For most of the past five years, investors in software companies prized revenue growth above all else. Investors were more than willing to overlook near-term profitability (or lack thereof) in favor of an acute focus on growth. As a result, entrepreneurs were encouraged to invest in building massive sales teams as quickly as possible to accelerate revenue growth, regardless of the cost. Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/xdf6H0o57Mk/
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